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Message 1 of 24 on the subject |
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| From: Grig Woods (Original message) |
Sent: 25/12/2020 07:42 |
The essence of cryptocurrency is that it is not just money in the usual concept, but a mathematical code (representing the language of cryptocurrencies), protected by a special cryptographic technology. Hence the name of this digital money came from: cryptocurrency (crypt) - money protected by a cryptographic signature.
Not a single state has anything to do with the issue of cryptocurrency, which means it cannot control the volume of money issued and devalue it, including, if necessary, the printing press. Crypt and other owners do not have it. The system is completely decentralized and arranged in such a way that anyone who has good technology can become a cryptocurrency miner (miner).
Because the settlement units of cryptocurrency are virtual and do not have an equivalent in the form of tangible bills, then they are not “issued” in the usual way at state mints, but generated directly on the network. To understand how virtual currency units are formed, it is necessary to have a clear understanding of how cryptocurrency works. Since the crypt is a mathematical code, then in order to get the next currency unit, this code must be solved.
There are millions of miners on the network. These people are involved in maintaining software platforms that generate virtual currency, composing blocks that reflect the steps of the next transaction, and decrypting special header codes. As a result of these operations, new currency units are generated. Thus, a cryptocurrency is a set of numbers obtained as a result of successive mathematical calculations. |
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Message 2 of 24 on the subject |
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Good evening! Did you know that on the site https://bitmix.biz/en you can easily secure your investments in bitcoin? It's good that there are such guys, because my friend has a bad experience and lost a lot of money. I have been using bitcoin mixing for 2 months now and I love the result! |
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Message 3 of 24 on the subject |
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Honestly speaking i wasnt much familiar with the whole concept of cryptocurrency but when in MBA i had to a research project and was assigned the task of finding Cryptocurrency dissertation topics by my group mates i came to realize that it is not just money as you also stated. I think this concept needs more highlights in research departments.
Just say'in. |
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Message 4 of 24 on the subject |
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From: mavepop |
Sent: 09/02/2021 15:28 |
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Message 5 of 24 on the subject |
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A lot of people started to believe in cryptocurrencies and decided to engage in buying and selling cryptocurrencies. I made up my mind and made a lot of money on it over the past six months! I have been looking for an excellent exchange service for a long time and I use the services of the btc to ltc converter site. They're doing everything right! |
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Message 6 of 24 on the subject |
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Message 7 of 24 on the subject |
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If you want to buy cryptocurrency at a favorable rate, then I advise you to Buy crypto on Switchere because there are always the most favorable conditions for transactions and there are all popular cryptocurrencies now. Of course, before buying cryptocurrency, you need to study the market, but this platform will help you figure it all out. |
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Message 8 of 24 on the subject |
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From: jamesw |
Sent: 25/05/2021 09:38 |
If you are trading digital currency, then crypto tracker app will be your indispensable assistant. It has a simple interface, which makes the work convenient and much faster, as well as transaction notifications, which makes you always one step ahead. You can not worry about security, the service has a double authentication, and you can control all the accounts in one place. |
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Message 9 of 24 on the subject |
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